About Bitcoin Casinos

Bitcoin Casino sites allow virtually everyone to experience the excitement and fun offered by online casinos. They are still mostly similar to how standard online casinos work. The main difference is the currency used and the way it is handled. If you are interested in trying bitcoin casinos, a multitude of different bitcoin casinos are already available online. However, just like in standard online gambling, not every bitcoin or BTC gambling site is reliable. Some are just better or worse than others.

To help you find the best bitcoin casino you can sign up with, BitcoinCasinos.reviews is here to help. Our site is intended for those who want to make the most out of their online casino playing using bitcoins. We review an extensive collection of casinos that make use bitcoins as one of the accepted currencies or as the main currency. Consider us your authoritative source for bitcoin casino reviews wherever you may be.

Our site is intended for those who are new to bitcoin gambling or to online gambling in general, as well as for those who already have the experience. We aim to be a highly useful resource for those who are looking for credible information and insights about the different bitcoin casino sites on the web. If you have not tried gambling with bitcoins yet, we have concise but comprehensive guides or overviews inserted in our bitcoin casino reviews to help go through the steps. If you are an experienced online casino player, the presentation of our reviews is designed in such a way that you can quickly skip to the parts you are more interested in.

Introduction to Bitcoin Casino Gambling

Don’t be intimidated by the idea of bitcoin gambling. Essentially, it’s just your regular online casino but with a different currency. Instead of using dollars or other currency transacted through credit cards or online payment facilities, bitcoins are used.

To make things easier for newbies to understand, here’s a simple series of steps you can easily remember.

Find the best bitcoin casino site for you by using our reviews.

Sign up for an account at the bitcoin casino you have chosen.

Deposit bitcoins to your account. If you don’t have bitcoins, most sites offer guides on where you can obtain bitcoins.

Take advantage of the bonuses, promos, and rewards offered.

Find the game you like to play.

Enjoy playing and withdraw your winnings.

Thinking About Playing in a Real Bitcoin Casino?

Here are Some How to Use Bitcoins Tips

Yes, it’s a simple as that. You just have to do some little reading regarding the use of bitcoins.

Basically, you just have to remember these three steps:

Get a bitcoin wallet.

Get bitcoins.

Enjoy playing in some of the best casinos in the world with 100% anonymity.

The most important step is getting a bitcoin wallet. There are three different kinds of bitcoin wallets: online wallets, software (offline wallets), and hardware wallets. You can choose a wallet from this: bitcoin.org. Hardware wallets are the most secure but online wallets are arguably the easiest to use. You should be fine choosing an online wallet. It’s not really difficult using whatever wallet. You just have to read the instructions and figure out how the interface works.

When it comes to getting bitcoins, you can ask from friends to transfer bitcoins to you or you can buy them using standard money. bitcoincasinos.reviews is a good starting point for obtaining bitcoins. You can actually sign up for a casino bitcoin without obtaining bitcoins first. Many of the best bitcoin casino sites at present provide instructions on how you can obtain bitcoins so you can start with an empty bitcoin wallet. What’s important is that you have a bitcoin wallet.

Bitcoins in an Online Casino

Using bitcoins in a bitcoin casino is all about depositing bitcoins and withdrawing them. Once you have signed up for an account, you can then proceed to the page where you can deposit your bitcoins. It is also in this page, usually, where you can withdraw your bitcoin winnings. Some sites call it the “Cashier” page while others provide direct links for the “Deposit,” “Withdraw,” and “Get Bitcoins” functions. It’s impossible for you not to quickly figure out how the use of bitcoins works in online bitcoin gambling sites. If you know the rules of various online casino games, you shouldn’t find it hard learning how to use bitcoins for BTC gambling.

Just be reminded that online casinos that use bitcoins have varying terms and conditions. It is very important to read these terms and conditions so you wouldn’t be surprised that, for instance, you suddenly lost the bonus bitcoins you have earned because it expired.

In our BTC casinos reviews, we see to it that we point out important details about the terms and conditions of the online bitcoin casinos we are reviewing. We highlight the terms we find questionable or unusual. We help our readers decide whether or not a site is secure or reliable.

Are Bitcoin Casinos Better than Standard Online Casinos?

Bitcoin may have had its share of challenges and controversies but it has slowly become a good alternative to traditional currency. Many have already started accepting and paying in bitcoins in lieu of traditional money. Bitcoins are particularly advantageous in the field of online gambling as they make it easier to wager and collect winnings.

Typically, gambling sites or online casinos require credit cards or some form of online payment facility to allow players to place their bets and receive the amount they have won. However, not everyone has a credit card. Online payment facilities, on the other hand, require credit cards to become verified and to transfer funds. As such, not many get to enjoy the fun of being able to play casino games through the Internet. There are sites that offer alternative methods for online payments but they are usually unreliable and far from secure. Bitcoin addresses the security and regulatory concerns associated with other forms of currencies or payment schemes employed by standard online casinos.

It would be inexpedient pitting bitcoin online casinos against traditional casinos. As of now, they have their respective advantages and disadvantages that only tend to cancel each other out. Besides, some of the best bitcoin casinos around are casinos that used to only transact using standard currency. The better thing to do would be to just enumerate the many advantages of online casinos that accept bitcoins. These advantages are too compelling that you may just decide to start playing using bitcoins soon enough.

For one, online casinos that use bitcoins don’t involve fees when transferring and withdrawing funds. When using credit cards or other modes of online payment, you would usually have to pay some fee which accumulate to a large amount over time.

Bitcoin casinos tend to have more secure transactions. Bitcoins are used in the same way regardless of where they are used. Cryptocurrency transactions are just inherently secure. It’s just up to the users to properly secure their bitcoin wallets.

The use of bitcoins does not involve third parties and their comissions (just like Bitcoin’s creator Satoshi Nakamoto had planned. As such, transactions tend to be faster. Withdrawals can be completed at the shortest possible time unless the online casino really intends to make it a slow and complicated process (something we will sure take note of in our reviews).

Moreover, you can expect confidentiality when you play at bitcoin casinos. You can play all you want without divulging you real name. Just enter an alias when you sign up for an account. You will not be prevented from playing and claiming your winnings if you don’t want to reveal your identity.

Popular Bitcoin Casino Games

The best bitcoin casinos carry the same range of popular games offered at traditional online casinos. These games include Bitcoin Blackjack, Bitcoin classic slots, Bitcoin bassed dice games, video slots, jackpot slots, roulette, Bitcoin poker / live Bitcoin poker, video poker, craps, table games, and casual games. You may notice that some sites brag about having nearly a thousand games but these games are actually just variations of most popular games. There are also those that offer live casinos and some support manual shuffling. The most popular games being played on standard online casinos are basically just the same games played on bitcoin casinos.

Where & How to get Bitcoins

Getting a Bitcoin Wallet (REQUIRED)

Before you start buying bitcoins, you need a way to store them. A bitcoin wallet is like a bank account exclusively for digital currency. There are dozens of different types of bitcoin wallets that offer varying degrees of security.

Bitcoin Wallets that accept USA & other countries

Most bitcoin wallets fall into one of three categories: software wallets, which store bitcoins on your computer; online wallets, which are web-based services that store you bitcoins on their servers; and "vault" services, which keep your bitcoins in secure remote, offline storage. Some people even print out their bitcoin keys and keep them in a paper wallet. Multisig wallets are also becoming popular because they require multiple passwords to authorize transactions.

All of your options for storing bitcoins come with their own security risks. If storing bitcoins on your hard drive, be sure to back up your wallet on a regular basis in case your computer crashes. Online wallets are vulnerable to hackers, so carefully research a company's security features before trusting them with your bitcoins. Coinbase.com has a great article describing the major bitcoin wallets available in different countries.

Fund your online wallet using a Bitcoin ATM

Bitcoin ATMS are popping up all over the globe. They work just like in-person exchanges. To use a bitcoin ATM, you need a smartphone with your online wallet software installed. When you put cash into the machine, it will produce an QR code for you to scan, which transfers bitcoins to your wallet. Like traditional ATMs, bitcoin ATMs can charge service fees usually ranging from 3-8 percent in addition to the standard exchange rate. Coin ATM Radar has a map for where you can find bitcoin ATMs anywhere in the world.

Deposit to your wallet using Online Bitcoin Exchanges

Online exchanges offer the quickest and easiest avenue for obtaining bitcoins. You can find online exchanges that accept any type of payment including debit cards, credit cards, wire transfers, MoneyGram, Western Union or even money orders. Most wallet services will have the current exchange rates listed on their website. When choosing an online service, read other users' reviews to make sure the company has a good reputation.

Bitcoin Exchange Websites that accept USA & other countries.

Some of the largest online trading exchanges for digital currency right now include: CEX.io; Bitstamp and Kraken in the U.S.; and Huobi, OKCoin and BTCC in China. You can find more information about the leading exchanges in your country at howtobuybitcoins.info. Quadrigacx.com is another great resource that is specific to Canada, and Cex.io is a highly reputable exchange for users in the U.S. and the U.K.

Buying and Selling Bitcoins

Bitcoins can be purchased from online or in-person exchanges. Before you start buying digital currency, check the current exchange rates. Bitcoin values fluctuate, which is something you must always keep in mind when using them.

In-Person Bitcoin Purchases

You can also purchase bitcoins with cash from individuals or in-person exchanges. This process is even quicker than buying from an online exchange, and you don't have to share any personal information beyond your bitcoin wallet address; however, there are some precautions you should take. Since a single bitcoin costs hundreds of dollars, carefully vet anyone you meet online before meeting them in person, and stay on your guard to avoid theft. Choose to meet in a safe, public place where you will both have access to the internet as you will need it to complete the transfer.

Visiting LocalBitcoins.com is a legitimate way to connect with in-person traders, negotiate prices and arrange transactions. The website also offers an escrow service to protect the privacy of buyers and sellers. You should also check Meetup.com to see if there is a bitcoin group near you. Meetup groups are great way to safely transfer bitcoins and learn more about digital currency.

Be aware that in-person bitcoin purchases usually come with fees. For example, an individual seller may add an extra 5 percent to the cost for their time and effort.

How to Stay Safe While Using Bitcoins

As with any digital transaction, you should be highly selective with who you share your debit card number or PayPal account when buying bitcoins. In addition to stealing your payment information, it is possible for individuals or companies to use a “chargeback” to cancel the transaction after you have already paid, which allows them to keep both your money and their bitcoin. This highly unethical and exploitative tactic is well known to bitcoin traders, so no reliable exchange would do such a thing without irreparably damaging their reputation; nonetheless, you should always look up reviews of a company before trusting their services.

While online wallets and exchanges require proof of identity to safeguard your account, they do not deliver the same level of security that banks offer. Digital currency services usually carry little or no insurance in the event that the company goes out of business or if your bitcoins get stolen by hackers. For example, Mt. Gox was a high profile exchange based in Japan that lost over half-a-billion dollars worth of bitcoins in a cyber heist, and users had no recourse for getting their funds back.

Most governments do not acknowledge bitcoins as legal currency, so they are unwilling to prosecute bitcoin thieves. Some of the bigger exchanges have successfully replaced their customers' bitcoins following a cyber attack, but there are no laws that protect your bitcoin holdings. Of course, anyone who has access to your online wallet's password can spend your bitcoins, so don't write it down or share it with anyone.

Now you should feel prepared to safely purchase and spend digital currency. You can get additional information and support from one of the many bitcoin forums and YouTube tutorials on the subject. Bitcoins allow you to access many new goods and services, and more businesses will start accepting them as digital currency becomes more popular. The value of bitcoins has steadily risen over the past few years, and while it is impossible to predict future exchange rates, there's a good chance that any bitcoins you purchase today will be worth more later if you choose to cash them out.